The federal government of Nigeria said Nigerians earning as low as N30,000 monthly will be able to access its planned 77,400 housing units across 777 local government areas in the country.
The Minister of Housing and Urban Development, Ahmed Dangiwa, made this known while receiving a delegation from Creative Sphere Limited recently in Abuja.
According to him, the Renewed Hope Social Housing Programme is designed to provide homes for low-income earners in Nigeria.
He said that 80 percent of the housing units will be allocated to low-income salary earners, while the other 20 percent will be given free of charge to poor Nigerians.
Dangiwa reiterated that the project will be launched soon and completed within a year.
He added that 100 housing units will be built in each of the 774 local government areas in Nigeria.
“The federal government plans to construct 100 housing units in each of the 774 local government areas across the country, amounting to a total of 77,400 units. The construction is expected to be completed within one year from the date of launch.
“Anyone earning as low as N30,000 per month will be able to purchase a house, as they will only need to pay N10,000 monthly, which is one-third of their earnings. Similarly, someone earning N90,000 will pay N30,000.
“The remaining 20 percent of the housing units will be allocated free of charge to citizens with low or no income, such as widows, orphans, and others identified as vulnerable in society,” he stated.
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